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314 West 52nd Street, New York (Clinton), NY, 10019 | $6,900,000
A Five Story, Prewar Mixed-Use building, one commercial and 5 Free Market residential units. The property has a restaurant on the ground floor, which has access to the basement and back and side yard. The second floor, fourth and fifth floor has one apt, all oversized two bedroom and two bath apartments. The third floor has two units; one studio apt and one bedroom apt with terrace. All apartments have full kitchen and full bathroom and metered for electric only. (all units have electric stoves) This walk up building has gas furnace for heat and electric hot water heaters.
The property is a prime investment opportunity , since the units are free market. The added value is to possibly convert the larger apartment into three bedrooms, and/ or adding their own HVAC to each apartment.
Located in the heart of Midtown West, steps away from Times Square, Central Park, 9th Avenue restaurants and most subway trains.
Please email me for set up sheet.
Features
- Town: New York
- Levels: 5
- Cooling: Unknown Type
- Laundry: InUnit
- Year Built: 1910
- Building Access : Walk-up
- Service Level: Voice Intercom
- Built Size: 17' wide
- OLR#: RPLU5123358032
- Days on Market: 68 days
- Website: https://www.raveis.com
/prop/RPLU5123358032/314west52ndstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Douglas Elliman Real Estate - Park Plaza
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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314 West 52nd Street, New York (Clinton), NY, 10019
$6,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $31,342 | $35,345 | $46,955 |
| Total Monthly Payment | $31,467 | $35,470 | $47,080 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535